Search results for: bangladesh

Stocks inch up in early trading

FE Online Report 2019-03-14 11:26:15

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues. Following the previous day&r...

China to invest more than $50b in next 10 yrs in BD

FE Desk Report 2019-03-14 10:44:44

China is expected to invest more than $50 billion in the next 10 to 15 years in Bangladesh's thrust sectors like energy and power, transport and communications etc. Commerce Minister Tipu Munshi MP d...

Total tenure of existing closed-end MFs won't be more than 20 yrs

FE Report 2019-03-14 10:42:09

The stockmarket regulator has issued a directive scrapping its previous directive regarding conversion or liquidation of closed-end mutual funds on completion of tenure of ten years. According to BSE...

'BD, India to be key regional economic actors over decade'

FE Report 2019-03-14 10:41:16

Building a pluralistic and liberal democratic society is a common challenge for both Bangladesh and India, a visiting Indian researcher said on Wednesday. Both the countries are facing the risks of e...

First report on women board members of listed cos released

FE Desk Report 2019-03-14 10:39:36

International Finance Corporation (IFC), a member of the World Bank Group, has partnered with Dhaka Stock Exchange (DSE) and UN Women to "Ring the Bell for Gender Equality". It is a global initiative...

'RCBC lawsuit not a setback to stolen money recovery'

-- 2019-03-13 16:57:35

Bangladesh Bank Governor Fazle Kabir has said the defamation lawsuit filed by Philippines’ Rizal Commercial Banking Corp (RCBC) against Bangladesh Bank is not a setback to the efforts to recover...

Stocks extend loss with rising turnover

FE Online Report 2019-03-13 16:03:28

Stocks extended the losing streak for the third day in a row on Wednesday as risk-averse investors continued their selling binge on sector-wise issues. Market analysts said cautious investors went on...

BD poised to emerge as 30th largest economy: MIGA VP

-- 2019-03-13 12:22:08

Bangladesh is poised to emerge as the world's 30th largest economy over the next few years with a trillion-dollar GDP, a top official of Multilateral Investment Guarantee Agency (MIGA) said Wednesday....

Markets witness uptrend in early trading

FE Online Report 2019-03-13 11:43:09

The prices of most of the shares on both bourses witnessed an upward trend in early trading on Wednesday as investors were mostly showing their buying spree on sector-wise issues. Following the previ...

Dutch-Bangla Bank recommends 150pc stock dividend

FE Online Report 2019-03-13 11:36:08

The board of directors of Dutch-Bangla Bank Ltd (DBBL) has recommended 150 per cent stock dividend for the year ended on December 31, 2018, said an official disclosure on Wednesday. The board has als...

'Bangladesh now out of Sino-Indian shadow'

FE Report 2019-03-13 09:43:50

Lauding Bangladesh's tremendous economic progress, the US ambassador in Dhaka said on Tuesday it has come out of the shadow of both China and India. The South Asian nation is playing a bigger role in...

BD assigns lawyer to deal with case in Manila

Siddique Islam 2019-03-13 09:26:02

Bangladesh has assigned a lawyer to look into all legal issues including a defamation suit filed by the Manila-based Rizal Commercial Banking Corporation (RCBC) recently against the country's central...

Nakshipalli project, five others get ECNEC nod

-- 2019-03-12 19:29:17

The government has decided to initiate a project with the aim to enhance facilities for Nakshi entrepreneurs, handloom and handicraft workers. To this end, the Executive Committee of National Economi...

BSEC approves Tk 1.50b IPO of Ring Shine Textiles

FE Online Report 2019-03-12 17:49:51

The securities regulator has approved the initial public offering (IPO) proposal of Ring Shine Textiles to raise a capital worth Tk 1.50 billion from the capital market. The Bangladesh Securities a...

Stocks edge lower as banks keep losing

FE Online Report 2019-03-12 16:13:55

Stocks extended the losing streak for the second day in a row on Tuesday as investors continued to sell banks shares ahead of earnings and dividend declarations. Market analysts said risk-averse inve...

RCBC sues BB over reserve heist claim

-- 2019-03-12 13:49:34

A Philippine bank has filed a lawsuit accusing Bangladesh’s central bank of defamation, hitting back at what it says are baseless claims of its complicity in the world’s biggest cyber heis...

Stocks mostly positive in early trading

FE Online Report 2019-03-12 11:59:40

The prices of most of the shares on both bourses witnessed a positive trend in early trading on Tuesday as some investors were showing their buying spree on sector-wise issues. Following the previous...

BATBC recommends 500pc cash, 200pc stock dividend

FE Online Report 2019-03-12 11:21:13

The board of directors of British American Tobacco Bangladesh Company (BATBC) has recommended 500 per cent cash and 200 per cent dividend for the year ended on December 31, 2018, said an official disc...

European markets now open for ACME Lab

FE Report 2019-03-12 11:13:45

ACME Laboratories has received the certificate of GMP compliance from UK MHRA (Medicines and Healthcare Products Regulatory Agency of UK). ACME Laboratories, the country's oldest pharmaceuticals comp...

BOP posts $975m deficit in seven months

FE Report 2019-03-12 09:38:07

The country's overall balance of payments (BOP) registered a $975-million deficit during the July-January period of fiscal year (FY) 2018-19. The amount is $59 million less than the $1,034-million de...

BD earned $514m by exporting fish in FY18: Minister

-- 2019-03-11 18:51:14

State Minister for Fisheries and Livestock Md Ashraf Ali Khan Khasru on Monday said the country earned around US$ 514 million by exporting fish and fisheries items during the fiscal year (FY) 2017-18....

Stocks slip back to red after volatile trading

FE Online Report 2019-03-11 16:29:22

The prime index of the Dhaka Stock Exchange (DSE) dipped below 5700-mark again on Monday, after a single-day break, as risk-averse investors sold shares on sector-wise shares. Market analysts said in...

Meghna Cement to issue preference shares

FE Online Report 2019-03-11 12:24:15

The board of directors of Meghna Cement has decided to issue preference shares to its existing sponsor directors/directors, said an official disclosure on Monday. Earlier on August 13, 2018, the comp...

Tax receipts from DSE slump 29pc in February

Babul Barman 2019-03-11 09:32:40

The government revenue earnings from the Dhaka Stock Exchange (DSE) dipped 29 per cent month-on-month in February in lockstep with falling turnover. The government collected revenue worth Tk 232 mi...

Macroeconomic indicators satisfactory in Q1: Finance minister

-- 2019-03-10 20:46:44

The country’s macro-economic indicators; including export earning, remittance and foreign exchange reserve; were satisfactory in the first quarter (July-September) of the current fiscal (2018-19...

DSEX crosses 5,700-mark after four-day

FE Online Report 2019-03-10 19:17:09

Stocks posted a marginal gain on Sunday as some investors showed their buying appetite on sector specific issues. Market analysts said following the news that banks got another six months to lower th...

SK Trims to invest Tk 35m in two cos

FE Online Report 2019-03-10 13:45:30

The board of directors of SK Trims & Industries has decided to invest Tk 35 million in two unlisted companies, said an official disclosure on Sunday. As per the board decision, the company will i...

VFS Thread sets up new machinery from IPO fund

FE Online Report 2019-03-10 12:46:36

The VFS Thread Dyeing has informed that it utilised 100 per cent of its IPO fund and successfully implemented the set-up of new machinery. Last year, the company raised a capital worth Tk 220 million...

Stocks open week on optimistic note

FE Online Report 2019-03-10 11:27:52

The prices of most of the shares on both the bourses witnessed a positive trend in early trading on Sunday as investors were showing their buying appetite on sector-wise shares. Following the previou...

BBS Cables posts steady revenue growth in 5 yrs

FE Report 2019-03-10 10:32:48

BBS Cables witnessed a steady growth in revenue earning, net profit and earnings per share in last five consecutive years through 'effective cost management. For the year ended on June 30, 2018, the...